<a href="https://comicvibe.com/roblox-nyserblx-cao-amy-marie-rawlings-sells-5061-shares/” title=”Roblox (NYSE:RBLX) CAO Amy Marie Rawlings Sells 5,061 Shares”>Roblox Corporation (NYSE:RBLX – Get Free Report) insider Sean Jack Buckley sold 5,607 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $37.97, for a total value of $212,897.79. Following the transaction, the insider directly owned 91,534 shares in the company, valued at approximately $3,475,545.98. This trade represents a 5.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Roblox Stock Performance
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
Roblox (NYSE:RBLX – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported ($0.26) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.08. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.60 billion. Roblox had a negative return on equity of 292.85% and a negative net margin of 17.60%.The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.41) EPS. Research analysts predict that Roblox Corporation will post -1.39 earnings per share for the current year.
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